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Conrail approval: CSX Corp. and Norfolk Southern Corp.'s...

February 27, 1998

Conrail approval: CSX Corp. and Norfolk Southern Corp.'s plan to divide Conrail Inc. got conditional approval from the Justice Department, which said the companies should allow others to use their tracks in at least two markets. In a filing with the Surface Transportation Board, which must make a final decision by July, the Justice Department said the splitup would create a monopoly for coal transportation in parts of Maryland and Indiana unless changed.